Sir,
Good evening
sub: Whether we can adjust IGST (Sales return) in CGST / SGST
Sir our consultant has adjusted IGST ( sales return ) in CGST/ SGST OUPUT While filing GSTR3B during the month of july 2019
that is output tax CGST SGST
127460 127460
Less IGST sales return 64150 64150
balance tax paid 63310 63310
Our new staff while reconciling gstr3b 2019-20 said that it is not permissible to claim IGST Sales return in sgst and cgst output, this to be repaid
KIndly request for your advice in this regard
a) whether we have to repay the IGST sales return claimed amount
b) how to repay the amount
c) last date to claim
Kind regards
shobith
Clarification on Adjusting IGST Returns: Must Offset Against IGST Only, Use DRC-03 or GSTR-3B for Corrections A query was raised regarding the adjustment of Integrated Goods and Services Tax (IGST) sales returns against Central Goods and Services Tax (CGST) and State Goods and Services Tax (SGST) outputs. The original adjustment was made in July 2019, but a staff member later advised that this was not permissible, suggesting repayment was necessary. Responses from three individuals clarified that IGST sales returns should be adjusted against IGST only, while CGST and SGST sales returns should be adjusted against their respective outputs. They advised using DRC-03 for repayment or adjusting in the next GSTR-3B filing, with a refund claim possible within two years. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
